Nasdaq Consolidation Zone

15 בפבר׳ 2022

My thoughts on a brief rally unless derailed by global news events like Ukraine. The pattern is looking like a medium term bearish pennant and will likely continue down to around 13k. I think we might test the top trendline before heading back down once more.

16 בפבר׳ 2022

הערה

The rally is a bit weaker than what a W3 typically looks like, this might be the wave 4 into wave 5 with a peak around 14800